If Economics is one of the "Soft Sciences" how can it be trusted determine so much in society?
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From: Bret Cahill on 15 Jul 2010 11:34 > The only people who can accurately predict economic trends are the very > powerful, the very rich who control the economy. Buffet's prediction of an economic recovery will come true. YEEHAAA! Bret Cahill
From: Bret Cahill on 15 Jul 2010 11:35 > > > It is customary to divide sciences into two categories, hard and soft > > > sciences - examples of hard sciences are physics and astronomy, while > > > ecology and psychology are often classified as soft sciences. > > > > One group of sciences is also distinguished by strict and rigorous > > > scientific standards, and close attention to formal standards for > > > hypothesis formulation and testing. The other sciences take a much > > > more informal approach, basically taking the view that if it works, > > > use it. > > > >http://bill.silvert.org/notions/ecology/hardsoft.htm > > > > Economics is the social science that is concerned with the production, > > > distribution, and consumption of goods and services. > > > >http://en.wikipedia.org/wiki/Economics > > > > Why do people trust economics as much as physics when it is based upon > > > such weak research methods comparatively. > > > Actually many economists go to great lengths to dress up economics as > > a hard science but it is trivial to prove that that is just a scam: > > > www.bretcahill.com- > > Just that, their models are not good enough. Their "models" to perpetrate a fraud certainly aren't good enough. www.bretcahill.com
From: Bret Cahill on 15 Jul 2010 11:48 > > Why do people trust economics as much as physics when it is based upon > > such weak research methods comparatively. > > Do people really believe economics is a science? I do not. Nor does > anyone I know (and I work in academe). > > If someone wants a laugh, look to the title Political Science! They're deliberately making a mockery of it in high school and college courses. The _New York Times_ is like a Catholic nun school marm when it comes to political philosophy ("everything is a mystery"). If you read _Spirit of Laws_, however, you'll understand why Madison, Jefferson and John Adams went absolutely bonkers over the "celebrated Montesquieu." _Spirit of Laws_ reads almost like a Chilton's manual for government, so mechanical he claims the correlation coefficient between taxation and freedom is 0.999. You get more sig figs in political science, real political science, than in medicine. Bret Cahill
From: spudnik on 15 Jul 2010 12:52 wasn't "the elders of Zion" a reforging of Montesquieu?... I've never read any of him -- had to rehearse your spelling. now, if anyone would wish to earn a "Nobel in Econ," the old-fashioned way, check-out supply-siderism. y'all LaRouchies prefer the term, political economy. cf. Gauss. > You get more sig figs in political science, --les ducs d'oil! http://tarpley.net --forsooth, the Queen of the quadrivium! http://wlym.com
From: Immortalista on 16 Jul 2010 00:20
On Jul 15, 12:10 am, Giga2 <justho...(a)yahoo.com> wrote: > On Jul 15, 12:16 am, Immortalist <reanimater_2...(a)yahoo.com> wrote: > > > > > It is customary to divide sciences into two categories, hard and soft > > sciences - examples of hard sciences are physics and astronomy, while > > ecology and psychology are often classified as soft sciences. > > > One group of sciences is also distinguished by strict and rigorous > > scientific standards, and close attention to formal standards for > > hypothesis formulation and testing. The other sciences take a much > > more informal approach, basically taking the view that if it works, > > use it. > > >http://bill.silvert.org/notions/ecology/hardsoft.htm > > > Economics is the social science that is concerned with the production, > > distribution, and consumption of goods and services. > > >http://en.wikipedia.org/wiki/Economics > > > Why do people trust economics as much as physics when it is based upon > > such weak research methods comparatively. > > What other option is there? Philosophy : )! The evolution of research methodology which comparatively has come a very long way towards making economics and sociology more exact sciences. The distinction between soft and hard science is melting away as we speak. |